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General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding new capacity for gas-powered Chevrolet Silverado and GMC Sierra light-duty ...
General Motors is seeing a fair amount of success with EVs. However, the auto giant has decided to invest $4 billion into expanding production of gas trucks and SUVs.
General Motors said July 22 that tariffs could eventually cost the company $5 billion before the end of the year.
General Motors CEO Mary Barra said the automaker was working to bring production back to the U.S. after the company cut its 2025 outlook to account for a $4 billion to $5 billion dent from tariffs.
This move comes after General Motors announced plans last month to invest $4 billion in its domestic plants, an investment that would amount to increasing production by about two million vehicles ...
General Motors Co. reported a year-over-year dip in its earnings Tuesday, largely attributing the second-quarter drop to President Donald Trump's tariffs and cautioning that it expects impacts from ...
General Motors said on Tuesday that its profit in the second quarter fell by more than a third, after President Trump’s tariffs cost the company more than $1 billion. G.M. was the second ...